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US July prelim UMich consumer sentiment 54.4 vs 51.0 expected

  • Prior was 48.9
  • Conditions 54.9 vs 48.7 expected
  • Prior was 48.4
  • Expectations 54.20 vs 51.7 expected
  • Prior expectations 49.3
  • One-year inflation 4.2% vs 4.6% prior
  • Five-year inflation 3.3% vs 3.3% prior
  • 

This indicator has been completely taken over by politics and has little value in predicting spending.

This article was written by Adam Button at investinglive.com.

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